Senior Consultant 2
Senior Consultant 2 Interview Questions and Answers for Freshers
Updated 10 Jun 2024
Q1. Diff. Between P2P and OTC process
Ans.
P2P involves procurement of goods/services, while OTC involves sale of goods/services.
P2P stands for Procure-to-Pay process where goods/services are purchased.
OTC stands for Order-to-Cash process where goods/services are sold.
P2P involves activities like requisition, purchase order, goods receipt, invoice processing, and payment.
OTC involves activities like order entry, order fulfillment, shipping, invoicing, and payment collection.
Example: Amazon follows OTC process when a c...read more
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